Digital Transactions Authoritative, insightful and timely information for payments professionals
Restaurant-technology provider Olo Inc. has entered into an agreement to be acquired by software-investment firm Thoma Bravo. Thoma Bravo has agreed to pay Olo shareholders $10.25 per share in cash, a 65% premium over Olo’s unaffected share price of $6.20 as of April 30, 2025. Thoma Bravo has placed Olo’s …
July, 2025
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3 July
Payments Companies Act As Congress Mulls Stablecoin Legislation
Ripple’s chief executive said Wednesday the company applied to the Office of the Comptroller of the Currency for a national bank charter to support its stablecoin, RLUSD, which it introduced in December. The move, which Ripple chief executive Brad Garlinghouse announced in a post on the social-media site X, follows …
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3 July
Worldpay’s Thailand Entry and other Digital Transactions News briefs from 7/3/25
U.S. processor Worldpay Inc. announced it is establishing acquiring services in Thailand, furthering its operations in the Asia-Pacific region. Digital wallet Curve said it will work with the technologist Thales on Curve Pay for iOS, a mobile payment service that enables users to rely on their iPhone’s NFC chip to make contactless payments. Banking technology provider Alkami …
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2 July
Payments Industry Support Builds to Eliminate the Federal Government’s Reliance on Paper Checks
Organizations representing the payments industry are coming out in support of the federal government’s move to eliminate paper checks for disbursements. Nacha, the governing body that oversees the ACH network, The Bank Policy Institute, The Clearing House Association, and the Consumer Bankers Association, have submitted comments to the Treasury Department …
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2 July
Small Business Sales Jump Year-Over-Year, But Retreat From May
Small businesses in June felt the impact of consumer reaction to reduced inflation, with their overall sales up 4.4% from June 2024, according to the Fiserv Small Business Index for the month, released early Wednesday. While the year-over-year rebound was strong, sales from May to June this year retreated 1.4%, …
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2 July
Grocer Tests Instacart Cart and other Digital Transactions News briefs from 7/2/25
Grocery-delivery platform Instacart launched its Caper Carts at Wegmans Dewitt store in Syracuse, N.Y. The technology lets customers track spending while streamlining checkout through a network of cameras, digital scales, and location sensors. Mogo Inc. said it is investigating stablecoins to help support its payments platform, which handles more than $12 billion annually …
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1 July
Embedded lending as a growth strategy for ISVs – how to maximize revenue potential
Steven Velasquez, Head and Senior Vice President of Partner Business Development – U.S. Bank | Elavon As consumer expectations for seamless buying experiences continue to rise, independent software vendors (ISVs) that embed payments into their platforms position themselves to capture greater market share in a growing and increasingly competitive software …
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1 July
Adyen Launches a Business Partner Program; Klarna And Affirm Add a BNPL Option for Tesla
Adyen NV unveiled an enhanced partner program early Tuesday that it says will provide its more than 1,000 business clients the resources, support, and incentives to deliver a better user experience to Adyen merchants. The new program gives Adyen business partners better visibility into Adyen’s product roadmap and integration expectations, …
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1 July
Crypto Giant Circle Bids for a Bank
In a move that could weave cryptocurrency more deeply into the fabric of the U.S. payments industry, Circle Internet Group Inc. announced late Monday it has applied to the Office of the Comptroller of the Currency to form a national trust bank. The application, which seeks to establish what Circle …
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1 July
EverC’s Merchant Onboarding Tool and other Digital Transactions News briefs from 7/1/25
Risk management company EverC launched its Instant Onboarding service to help payment providers speed up and better manage the merchant onboarding process. Black Dragon Capital said it will work with Velera, a payments-based credit union service organization, in an effort to start and grow fintechs that can help credit unions. Tyfone Inc., …
